$58,000 After Repair Value -
$22,000 Asking Price -
$0 Cost of Repairs =
$36,000 Potential Profit

Property Details

Asking Price $22,000

After Repair Value $58,000

Costs of Repairs $0

Potential Profit $36,000

Living Area 1500 sq feet ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $80,000

Yearly Expenses N/A

Property Taxes $887

Net Operating Income $10,400

Cap Rate N/A

Property Description

4 Bedroom Single Family Home. Property has $10,000 in interior improvements that were done within the last year. New Laminate wood flooring throughtout downstairs. New kitchen. New carpeting upstairs. I have previously rented this property for $800 per month. Property apprasial is $58,000.00 before improvements.

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